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20100918
20100918
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out of canada moved into that region producing temperatures to produce a dusting of snow in that area. temperatures will climb up to the 60s this weekend. >>> how good does it feel to find a great bargain? according to a new study, it's just like sex apparently. english researchers found that shoppers experienced the same rush of endorphins when they hit a hot sale as they do when they're sexually turned on. 50 volunteers looked at pornographic pictures while scientists monitored their eye movements and brain activity. then clippings of shopping ads about we should note, the institute of promotional marketing conducted the study. >>> coming up, bermuda's bracing for a hurricane as igor swirls right toward that island. we've got a live report from bermuda next. >>> plus august was the worst month in foreclosures ever on record. words alone aren't enough. our job is to listen and find ways to help workers who lost their jobs to the spill. i'm iris cross. we'll keep restoring the jobs, tourist beaches, and businesses impacted by the spill. we've paid over $400 million in claims and set u
familiar with the canadian system? >> i am. i am not an expert on canada, but i am familiar with the system. the canadian system is different from ours. they are tightly regulated and have a highly concentrated banking system. they rely on a shorter term adjustable rate mortgage. it is possible to create a system similar to that. other countries have used the cover bond market as an approach. when you look at the international examples, it is important to look not just what is on the books but what also may be implicitly there. a number of companies with concentrated banking sectors were the does not appear to be a government guarantee involved has implicit backing for the financial institutions that we do not want to retreat. international examples can help, but we have to go a couple of layers deeper to know if that is the kind of system we want or not. >> is there any incentive for the private market to get back into this market given the fact that freddie and fannie are in existence and we are continuing this freeze where we are continuing to let them do what they were doing before the
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